Datta Power Infra has signed a Memorandum of Understanding (MoU) with the government of Rajasthan to invest INR 5,000 crore in setting up 1 GW of wind, solar, and wind-solar hybrid projects in Rajasthan.
NTPC Green Energy intends to utilize the net proceeds from the fresh issuance to the extent of INR 7,500 crore for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by its wholly owned subsidiary, NTPC Renewable Energy Ltd (NREL). The balance will go towards general corporate purposes.
India installed about 17.4 GW of solar capacity from January to September 2024. This included about 13.2 GW from utility-scale PV installations, 3.2 GW rooftop projects and 1 GW offgrid/distributed PV capacity.
Datta Infra, EG Energy (Enfinity Global), Gentari Renewables, Juniper Green, and Sunsure Energy have emerged winners in SJVN’s auction for 1.2 GW of wind-solar hybrid capacity.
Solar Energy Corp. of India (SECI) has launched a tender to select developers for 1.2 GW of round-the-clock power from renewable energy projects backed with energy storage systems. Bidding closes on Dec. 16.
The draft amendments released by the power ministry include a reduced PPA period of 15 years, cyber compliance by developers, and insurance surety bonds as a new instrument for establishment of earnest money deposit/performance bank guarantee.
Adani Renewable Energy, Datta Infra, Evergreen Renewables, ReNew Solar Power and Sembcorp Green Infra have emerged winners in NTPC’s 1.2 GW wind-solar hybrid auction.
JSW Energy has reported a consolidated net profit of INR 853 crore and total revenue of INR 3,459 crore for the second quarter of FY 2024-25.
JSW Energy Ltd has secured 25-year power purchase agreements with Maharashtra State Electricity Distribution Co. Ltd for two solar-wind hybrid projects of 600 MW each.
AMPIN Energy Transition has secured green loan from Standard Chartered Bank for its 200 MWp solar wind hybrid project in Rajasthan.
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